CRCR Certification HFMA Midterm EXAM
Questions with 100% Correct Answers |
Verified | Updated (Actual Exam) 2026 -
2027 Graded A+
HIPAA had adopted Employer Identification Numbers
(EIN) to be used in standard transactions to identify the
employer of an individual described in a transaction EIN's
are
assigned by - ✔✔ANSWER ✔✔-The Internal Revenue
Service
Overall aggregate payments made to a hospice are
subject to a computed "cap amount" calculated by -
,✔✔ANSWER ✔✔-The Medicare Administrative
Contractor (MAC) at the end of the hospice cap period
Which of the following is required for participation in
Medicaid - ✔✔ANSWER ✔✔-Meet Income and Assets
Requirements
In choosing a setting for patient financial discussions,
organizations should first and foremost - ✔✔ANSWER
✔✔-Respect the patients privacy
A nightly room charge will be incorrect if the patient's -
✔✔ANSWER ✔✔-Transfer from ICU (intensive care unit)
to the Medical/Surgical
floor is not reflected in the registration system
The Affordable Care Act legislated the development of
Health Insurance Exchanges, where individuals and small
businesses can - ✔✔ANSWER ✔✔-Purchase qualified
health benefit plans regardless of insured's
health status
,A portion of the accounts receivable inventory which has
NOT qualified for billing includes: - ✔✔ANSWER ✔✔-
Charitable pledges
What is required for the UB-04/837-I, used by Rural
Health Clinics to generate payment from Medicare? -
✔✔ANSWER ✔✔-Revenue codes
This directive was developed to promote and ensure
healthcare quality and value and also to protect
consumers and workers in the healthcare system. This
directive is called - ✔✔ANSWER ✔✔-Patient bill of rights
The activity which results in the accurate recording of
patient bed and level of care assessment, patient
transfer and patient discharge status on a real-time basis
is known as - ✔✔ANSWER ✔✔-Case management
Which statement is an EMTALA (Emergency Medical
Treatment and Active Labor Act) violation? - ✔✔ANSWER
, ✔✔-Registration staff may routinely contact managed
are plans for prior authorizations before the patient is
seen by the on-duty physician
Checks received through mail, cash received through
mail, and lock box are all examples of - ✔✔ANSWER ✔✔-
Control points for cash posting
What are some core elements if a board-approved
financial assistance policy? - ✔✔ANSWER ✔✔-Eligibility,
application process, and nonpayment collection activities
A recurring/series registration is characterized by -
✔✔ANSWER ✔✔-The creation of one registration record
for multiple days of service
With the advent of the Affordable Care Act Health
Insurance Marketplaces and the expansion of Medicaid
in some states, it is more important than ever for
hospitals to - ✔✔ANSWER ✔✔-Assist patients in
Questions with 100% Correct Answers |
Verified | Updated (Actual Exam) 2026 -
2027 Graded A+
HIPAA had adopted Employer Identification Numbers
(EIN) to be used in standard transactions to identify the
employer of an individual described in a transaction EIN's
are
assigned by - ✔✔ANSWER ✔✔-The Internal Revenue
Service
Overall aggregate payments made to a hospice are
subject to a computed "cap amount" calculated by -
,✔✔ANSWER ✔✔-The Medicare Administrative
Contractor (MAC) at the end of the hospice cap period
Which of the following is required for participation in
Medicaid - ✔✔ANSWER ✔✔-Meet Income and Assets
Requirements
In choosing a setting for patient financial discussions,
organizations should first and foremost - ✔✔ANSWER
✔✔-Respect the patients privacy
A nightly room charge will be incorrect if the patient's -
✔✔ANSWER ✔✔-Transfer from ICU (intensive care unit)
to the Medical/Surgical
floor is not reflected in the registration system
The Affordable Care Act legislated the development of
Health Insurance Exchanges, where individuals and small
businesses can - ✔✔ANSWER ✔✔-Purchase qualified
health benefit plans regardless of insured's
health status
,A portion of the accounts receivable inventory which has
NOT qualified for billing includes: - ✔✔ANSWER ✔✔-
Charitable pledges
What is required for the UB-04/837-I, used by Rural
Health Clinics to generate payment from Medicare? -
✔✔ANSWER ✔✔-Revenue codes
This directive was developed to promote and ensure
healthcare quality and value and also to protect
consumers and workers in the healthcare system. This
directive is called - ✔✔ANSWER ✔✔-Patient bill of rights
The activity which results in the accurate recording of
patient bed and level of care assessment, patient
transfer and patient discharge status on a real-time basis
is known as - ✔✔ANSWER ✔✔-Case management
Which statement is an EMTALA (Emergency Medical
Treatment and Active Labor Act) violation? - ✔✔ANSWER
, ✔✔-Registration staff may routinely contact managed
are plans for prior authorizations before the patient is
seen by the on-duty physician
Checks received through mail, cash received through
mail, and lock box are all examples of - ✔✔ANSWER ✔✔-
Control points for cash posting
What are some core elements if a board-approved
financial assistance policy? - ✔✔ANSWER ✔✔-Eligibility,
application process, and nonpayment collection activities
A recurring/series registration is characterized by -
✔✔ANSWER ✔✔-The creation of one registration record
for multiple days of service
With the advent of the Affordable Care Act Health
Insurance Marketplaces and the expansion of Medicaid
in some states, it is more important than ever for
hospitals to - ✔✔ANSWER ✔✔-Assist patients in
